Rallis India discontinues manufacturing operations at Navi Mumbai unit

30 Nov 2011

Rallis India has discontinued its manufacturing operations at company’s factory located at Turbhe in Navi Mumbai. The company had announced a voluntary retirement scheme (VRS) for the employees of the said unit. Pursuant to which employees applied for the VRS and all have been accepted by the company.

Rallis India mainly deals in Agri Business and has emerged as one of the leaders in the Indian Agrochemical Industry. The company is also in the Institutional business providing technical and bulk of various molecules to leading companies like Bayer, Syngenta, Excel, UPL, Gharda, Cheminova  etc.

The company’s net profit for the quarter rose marginally by 5.38% at Rs 61.86 crore as compared to Rs 58.70 crore for the quarter ended September 30, 2010. Total income has increased by 18.63% to Rs 436.53 crore for the quarter under review from Rs 367.99 crore for the similar quarter of the previous year.

Related Rallis India Ltd. Links:

Rallis India Share Price

288.55 0.00 (0.00%) May 05, 18:01
1 Year Price Chart
Peers
Company Name CMP
UPL 611.80
BASF India 2277.75
Bayer CropScience 5384.20
PI Industries 2489.55
Rallis India 288.55
View more..
Sensex vs Rallis India
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback